Abstract:

The 2024 Outlook provides an overview of progress by tracking implementation and gaps across all energy sectors, and identifies priority areas and actions based on available technologies that must be realised by 2030 to achieve net zero emissions by mid-century.

It identifies three key pillars that form the foundations for the actions needed to realign the global energy transition with climate objectives: building the necessary infrastructure; advancing a policy and regulatory architecture that can facilitate targeted investments, and improve socio-economic and environmental outcomes; and the strategic realignment of institutional capacities to help ensure that skills and capabilities match an energy system that integrates a high share of renewables.